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Trade Setup For Sept 22: Nifty Bulls Eye 23,550 Breakout As Sub-$100 Oil Flips Sentiment

Indian equity markets could remain range-bound in Tuesday's session as the Nifty faces a crucial resistance zone around 23,520-23,550 amid persistent geopolitical uncertainty and elevated energy prices. This comes as GIFT Nifty rises 0.34% to 23,519.50 after Brent crude fell below $100. According to Sudeep Shah, Head - Technical and Derivatives Research at SBI Securities, the 23,520-23,550 zone is likely to act as an important resistance area for the Nifty in the near term. "A sustained move above 23,550 could extend the ongoing pullback rally towards the 23,700 mark in the short term," Shah said. On the downside, the 23,330-23,300 zone is expected to provide crucial support. Shah said a breach below 23,300 could weaken the near-term structure and potentially result in the index resuming its corrective trend. Market participants are also keeping a close watch on crude oil prices and geopolitical developments, which could influence the sustainability of the recent re...

Akram Under Fire, Cyber Crime Complaint Filed Against Pakistan Great: Report

A complaint has been filed against former Pakistan captain Wasim Akram for allegedly endorsing and associating with an online "gambling and betting" platform related to sports, an official said on Tuesday. A complainant, Muhammad Fiaz, has filed an application with the National Cyber Crime Investigation Agency (NCCIA) in Lahore, seeking legal action against Akram for allegedly promoting a gambling and betting app. He said the former fast bowler was linked with a foreign betting app — Baji — as its brand ambassador.

"A poster circulating on social media and a video clip show Wasim Akram endorsing the online platform, which has sparked interest among general users in the app," the complainant said.

He requested the NCCIA to take strict legal action against Akram under the Electronic Crimes Act of 2016.

An NCCIA official told PTI on Tuesday that it had received a complaint against Akram for being a brand ambassador of a foreign betting app and said, "We will take action against him if the allegations are found to be true."

Akram has not yet issued any statement regarding the matter. In connection with the promotion of the same online app, famous TikToker and YouTuber Saad-ur-Rehman, popularly known as Ducky Bhai, was arrested on Saturday.

Recently, Wasim Akram, Pakistan great and one of the most lethal pacers in the history of the game, was impressed by Mohammed Siraj and termed his performance against England as “the best" he has seen in the recent past.

"I rarely watch cricket when I'm not working, but I was glued to the last day. Siraj was full of hunger and passion – it was an incredible effort. To bowl nearly 186 overs across five Tests and still be that fiery on the final day shows remarkable stamina and mental strength. He's not just a support bowler anymore. He's leading the attack and doing it with heart. Even when a catch went down– that of Brook – he didn't lose focus. That's the mark of a fighter. Test cricket is alive and kicking," Akram said in an interview to Telecom Asia Sport.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)



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